5. UBS
> Fine or settlement amount: $11,150,000,000
> Agency imposing fine: Multi-state AGs
> Reason: Settlement related to UBS misrepresenting auction rate securities to investors as safe, cash-equivalent products, when in fact they faced increasing liquidity risk
4. JP Morgan Chase
> Fine or settlement amount: $13,000,000,000
> Agency imposing fine: US DOJ
> Reason: Settlement for misleading investors about securities containing toxic mortgages
3. Volkswagen
> Fine or settlement amount: $14,700,000,000
> Agency imposing fine: US DOJ on behalf of EPA & State of California, and US FTC
> Reason: Settlement to resolve EPA and others allegations of the vehicles’ use of “defeat devices” to cheat emissions tests as well as claims of unfair advertising
2. Bank of America
> Fine or settlement amount: $16,650,000,000
> Agency imposing fine: US DOJ
> Reason: Settlement for financial fraud leading up to and during the financial crisis
1. BP
> Fine or settlement amount: $20,800,000,000
> Agency imposing fine: US DOJ
> Reason: Settlement to resolve civil claims against BP arising from the April 20, 2010 Macondo well blowout and the massive oil spill that followed in the Gulf of Mexico
